(22 JUNE 2018)EUR/USD:The upside prevails.

(22 JUNE 2018)EUR/USD:The upside prevails.

23 June 2018, 03:49
Jiming Huang
0
56

eur

The upside prevails. 

 (By Swissquote TRADING CENTRAL)

Pivot (invalidation): 1.1575

Our preference

Long positions above 1.1575 with targets at 1.1645 & 1.1675 in extension.

Alternative scenario

Below 1.1575 look for further downside with 1.1555 & 1.1530 as targets.

Comment

The RSI advocates for further upside.